Hidden & Undisclosed Assets

Hidden Assets in Divorce

There are instances where a spouse is concerned that their husband or wife has hidden or undisclosed assets. For example, one spouse may be operating a lucrative business that is held in a family member's name. Or, a spouse may hold real estate that is titled to a corporation, or bank accounts that are undisclosed. We have helped our clients uncover undisclosed assets through engaging in a rigorous discovery process. Some cases may require employing investigators such as forensic accountants to make sure the documents we receive during the discovery process tell a complete story. If there is a question as to whether or not a spouse is hiding assets, we will do a deep dive into the accounting to make sure all of the assets are properly accounted for. Private Investigators may also be hired to find evidence of other forms of assets. If your spouse has just decided that the best way to deal with the issue of divorce and hiding assets is to disappear, we also work with “skip tracers” to locate individuals along with the unreported assets. The process of uncovering and proving the existence of hidden assets to the Court is arduous, but an important part of respecting your legal rights.

First, both child and spousal support calculations are based upon income---it is imperative, therefore, that each spouse's income is accurately reflected. Our office has years of experience uncovering the hidden income and assets of non-custodial parents seeking to avoid support obligations. In addition, assets accumulated during the marriage are generally marital. Each spouse is entitled to their respective share of these assets. A fair settlement, or in some instances a fair decision made by a Judge, requires full disclosure. Where one party is seeking to hide assets or income, it is important to work with a skilled attorney to ensure your rights are protected.